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Further changes to F1 Regulations approved
Discussion started by Williams F1 , 28 May, 2020 09:55
Further changes to F1 Regulations approved
Williams F1 28 May, 2020 09:55
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Re: Further changes to F1 Regulations approved
Stu69 28 May, 2020 20:54
Well itís better and deeper than I hoped for. I think this should ensure all the teams stay on the grid for the next couple of years! Shame itís too late for teams like caterham or hrt? (Amazing how quick you forget!)

Re: Further changes to F1 Regulations approved
IanSmithISA 29 May, 2020 08:20
Good morning,

This is terrible news, it is probably the end of F1. :-(

Renault have just announced 15,000 job loses so how can they justify an F1 program, marketing, hardly.

What about technology relevant to both F1 and road cars, well if the cost cap is really at the correct level to allow smaller teams to compete then surely there must be limited scope for speculative projects. The point of the budget cap is to restrict the cost of racing to the point that you can't throw 50 people at developing xyz as it might be a good idea.

So do Renault go before having to sign up for another 5 years?

What about Merc, they face a real prospect of going backwards, after winning for so long where else can they go? Any estimates of how many jobs are going to go, estimates seem to be around 1,000-1,500 across all the teams, so this could easily be 300 at Mercedes.

Job losses on this scale could easily remove any advantages offered by having such a large number of people working on F1, of course they will also have the same problem as Renault with road relevant development.

They also have the problem of explaining to the Merc board a cost cap of $145m but needing to pay Lewis $50m and how this will look publicly.

At the moment Merc and Ferrari can supply standard parts with very few consequences because they are throwing so many resources into other areas there is little risk that Haas or Racing point will build a faster car.

With the customers of standard parts finishing lower down the championship and being allowed more development resources than the suppliers of these parts will Merc and Ferrari simply say no more sales?

Suddenly Haas and Racing Point need to employ a few hundred people more, nope can't afford that so we will close.

.. and once you start to say that F1 can't spend what it wants it simply becomes a racing series, not the pinnacle of motoring technology, so why not get involved in Formula E. Of course since they banned active suspension etc it is not that anyway but F1 likes to pretend. :-)

Bye

Ian

Re: Further changes to F1 Regulations approved
Albi-Quin 29 May, 2020 08:28
Ian, best you look at Williamís press release! ☹️

Re: Further changes to F1 Regulations approved
SydneyF1Fan 29 May, 2020 09:35
Have to agree with you that things look bleak at this point, Ian

Firstly, I think they will struggle to get all of the teams to the grid in Austria and whatever other races they plan this year.

And if they can't get all of the teams and a sufficient number of races/TV income to cover their costs, you have to question if any racing will happen this year.

They seem determined to put on a show (and I hope they do), but I still have my doubts. They may be better off to cut their losses and call it quits for this season. I even wonder whether they'll have any racing until late 2021 with the long lead times required to host a race, but we'll need to see how things pan out.

Then in the medium/long term you have to question the survival of the teams and Liberty itself. The independents are struggling and the manufacturers will question their commitments and budgets, especially if they are forced back to the mid-field teams by budget caps and they're not selling any cars.

I'm sure there are a few billionaires out there with some spare cash, interest in F1 and on the hunt for bargain investments in a post-COVID world. However, it may take a complete implosion of the teams and sport followed by a Phoenix rising out of the ashes before we see F1 racing again.

I wonder if Bernie is out there salivating at the prospect of some bitter-sweet revenge to keep him busy in his nineties?!!!



http://i807.photobucket.com/albums/yy358/SydneyF1Fan/SydneyF1FanSignatureWinner-v3.gif

Re: Further changes to F1 Regulations approved
IanSmithISA 29 May, 2020 13:26
Good afternoon,

What is really bleak for Williams is that they received £35million for WAE and this hasn't stabilised them.

Bye

Ian

Re: Further changes to F1 Regulations approved
Stu69 29 May, 2020 23:22
Quote:
IanSmithISA
Good afternoon,
What is really bleak for Williams is that they received £35million for WAE and this hasn't stabilised them.

Bye

Ian

Unfortunately Bye to Williams! Hello to Latifi F1 Racing! What a mess!

Re: Further changes to F1 Regulations approved
Ozzy Osbone 31 May, 2020 19:22
The big problem is that in 5 years will all be driving electric cars and F1 has no relevance any more. It's done I think. Game over. All these firms like Merc, VW, Honda, Toyota are clinging on to this oil fired dream and it's going to move far faster than their board of directors can find their chairs.

Oil is dead. Accept and move on. The problem F1 has is that I believe Agag or whatever he is called has a right to run the only electric open wheel series under FIA rules for about 20 years. I can't be arsed to look it up but 5 years from now a V6 petrol engine is going to look pretty stupid as a means of transport.

Re: Further changes to F1 Regulations approved
Stu69 31 May, 2020 22:12
Yes you are bang on Ozzy. However, infrastructure wonít keep up so the ICE death will take a while!! 2 charging point in my little town of 6000! They are monopolised by a pair of Teslaís!! I canít get near to plug in! Luckily I can charge at home but many wonít have that luxury!


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